Definition: A credit facility is a loan made in corporate finance that allows the company to take out an umbrella loan to raise capital over an extended period of time, as opposed to reapplying for a new loan every time the company needs capital.
Example: Credit facilities include revolving loan facilities, committed facilities, letters of credit, and retail credit accounts.
Explore IVP Middle Office Services:
IVP’s Middle Office Services offer a fully scalable and customizable service that allows all kinds of asset managers to significantly improve operational efficiency and transparency. By outsourcing critical middle office processes, firms can maintain an accurate understanding of credit facilities. Our comprehensive suite of middle office services encompasses everything from trade lifecycle management and corporate actions processing to asset lifecycle management.
